Composite insulation materials have been introduced as an alternative to the glass and ceramic insulators. New series of integrated composite insulation materials are designed for application in the existing and new buildings. These materials offer high thermal & acoustic efficiency and are available at competitive costs. They also help in combating issues like low resistance under mechanical stress and also low resistance to the vapor diffusion. This is usually achieved by a combination with other materials such as fibers.
MARKET DYNAMICS
The rise in the use of composite insulation materials for the improvement of thermal protection of buildings drives the market for the composite insulation materials. Besides this, the easy application and quick installation of composite insulation materials also drives the market growth. However, the loss of hydrophobicity and the risk of breaking of the core rod restricts the fruitful development of the composite insulation materials market. The rising demand for the reliable and lightweight composite insulators is expected to boost the growth of the composite insulation materials market in the near future.
MARKET SCOPE
The "Global Composite Insulation Materials Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the composite insulation materials market with detailed market segmentation by type, application and geography. The global composite insulation materials market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading composite insulation materials market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global composite insulation materials market is segmented on the basis of type and application. As per type the market is segmented into epoxy resin, glass fiber, silicone rubber and stone wool. On the basis of application, the composite insulation materials market is segmented into cables & transmission lines, switchgears, busbars and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global composite insulation materials market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The composite insulation materials market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the composite insulation materials market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the composite insulation materials market in these regions.
MARKET PLAYERS
The reports cover key developments in the composite insulation materials market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from composite insulation materials market are anticipated to lucrative growth opportunities in the future with the rising demand for composite insulation materials market in the global market. Below mentioned is the list of few companies engaged in the composite insulation materials market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the composite insulation materials market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Advanced Insulation
- Aegion Corporation
- BASF SE
- Cabot
- DuPont
- Exel Composites Oyj
- General Electric Company
- Hitaichi ABB Power Grids
- Synergy Global Sourcing
- The Reinhausen Power Composites
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.